7/4/25, 9:42
PM
MBA 703 Final Exam Questions and answers with complete Solutions
Verified latest update 2025/2026
Terms in this set (281)
Marginal cost Cost of producing one more unit of a product.
The effect that one user of a good or service has on
Network effects
the value of that product to other people.
Costs that a consumer incurs as a result of changing
Switching costs
brands, suppliers, or products.
Open source Software that is free and where anyone can
software (OSS) look at and potentially modify the code.
1/
16
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PM
Replacing computing with services provided over the
Cloud computing
Internet.
Software as a service Firm subscribes to a third-party software and receives
(SaaS) a service that is delivered online.
Technology that can make a single computer behave
Virtualization
like many separate computers.
Open source software operating system.
Linux Source code for OSS products is openly
shared and can be
changed and redistributed by anyone.
Acronym for Linux, Apache Web server software,
LAMP
MySQL database, and Perl/Python/PHP.
Free alternatives to costly commercial code can be a
Cost
tremendous motivator.
The more people who look at a program's
Reliability code, the greater the likelihood that an error
will be caught and
corrected.
2/
16
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PM
Technology products that contain particularly strong
Security
security features.
Ability to either handle increasing workloads or to be
Scalability
easily expanded to manage workload increases.
Vendors able to skip whole segments of the software
Agility and time to development process, allowing new products to
market reach the market faster.
An error in the OpenSSL security toolkit, which was
Heartbleed used by some two-thirds of Internet websites,
leading to a significant security breach.
A multimillion-dollar project developed by
Core Infrastructure
the Linux Foundation to fund open source
Initiative
projects that are in the critical path for
core computing functions.
3/
16
PM
MBA 703 Final Exam Questions and answers with complete Solutions
Verified latest update 2025/2026
Terms in this set (281)
Marginal cost Cost of producing one more unit of a product.
The effect that one user of a good or service has on
Network effects
the value of that product to other people.
Costs that a consumer incurs as a result of changing
Switching costs
brands, suppliers, or products.
Open source Software that is free and where anyone can
software (OSS) look at and potentially modify the code.
1/
16
,7/4/25, 9:42
PM
Replacing computing with services provided over the
Cloud computing
Internet.
Software as a service Firm subscribes to a third-party software and receives
(SaaS) a service that is delivered online.
Technology that can make a single computer behave
Virtualization
like many separate computers.
Open source software operating system.
Linux Source code for OSS products is openly
shared and can be
changed and redistributed by anyone.
Acronym for Linux, Apache Web server software,
LAMP
MySQL database, and Perl/Python/PHP.
Free alternatives to costly commercial code can be a
Cost
tremendous motivator.
The more people who look at a program's
Reliability code, the greater the likelihood that an error
will be caught and
corrected.
2/
16
, 7/4/25, 9:42
PM
Technology products that contain particularly strong
Security
security features.
Ability to either handle increasing workloads or to be
Scalability
easily expanded to manage workload increases.
Vendors able to skip whole segments of the software
Agility and time to development process, allowing new products to
market reach the market faster.
An error in the OpenSSL security toolkit, which was
Heartbleed used by some two-thirds of Internet websites,
leading to a significant security breach.
A multimillion-dollar project developed by
Core Infrastructure
the Linux Foundation to fund open source
Initiative
projects that are in the critical path for
core computing functions.
3/
16
